see CMP announcement 3 Jan...sure to impact on SOM. If more dentists can diagnose then more oral devices will be sold.
Melbourne Australia, Wednesday, January 3, 2007
Leading Australia-based medical diagnostics company, Compumedics Limited (ASX:
CMP), has completed a Memorandum of Understanding with Health Technology Limited
(HTL, an Arizona company) and a local Melbourne dentist to establish a joint venture
entity (JVE) to capture the worldwide dental-sleep services market. The JVE, a USAbased
company, will be owned in the following proportions — HTL: 25%; Compumedics
and Compumedics Medical Innovations Pty Ltd (CMI, a wholly-owned subsidiary of
Compumedics housing its new technologies): 75%.
HTL Background
HTL distributes Eccovision® diagnostic systems currently manufactured by E Benson
Hood Laboratories, Inc in the USA. The system incorporates a proprietary
pharyngometer and rhinometer that uses acoustic wave reflection technology to
measure the upper airways of obstructive sleep apnoea sufferers. HTL has particular
expertise in the diagnosis of sleep disorders using Eccovision® systems and treatment
of the sleep disorders using oral appliances to keep airways open during sleep. Oral
appliances are an alternative therapy to Continuous Positive Air Pressure delivered to
nasal masks for sufferers of obstructive sleep apnoea.
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